On August 23rd, at the site of the Green Low Carbon Olefin Integration Project of Shandong Ruilin High Polymer Materials Co., Ltd., the 2023 Autumn Shandong Province High Quality Development Major Project Construction Site Promotion Meeting and the Zibo Autumn County High Quality Development Major Project Concentration Commencement Ceremony were held, continuously sparking a new wave of project construction.

There are a total of 190 major projects in Zibo City that participated in this centralized construction activity, with a total investment of 92.2 billion yuan. The annual planned investment is 23.5 billion yuan, including 103 provincial and municipal major projects with a total investment of 68.2 billion yuan. The projects under centralized construction this time highlight the theme of high-quality development, covering various fields such as industrial development, infrastructure, and social livelihood. Overall, they exhibit the characteristics of large quantity, large volume, excellent structure, and high quality.
Specifically, among the 190 projects, there are 107 industrial projects with a total investment of 48.2 billion yuan, including 87 “Top Four” industrial projects with a total investment of 26.7 billion yuan; 23 modern service industry projects with a total investment of 16.5 billion yuan; 31 energy transportation and infrastructure projects with a total investment of 15.3 billion yuan; 29 rural revitalization and social livelihood projects with a total investment of 12.2 billion yuan. From the perspective of investment scale, there are 7 projects above 2 billion yuan, 15 projects between 1 billion and 2 billion yuan, and 30 projects between 500 million and 1 billion yuan.
As a representative of the project, Cui Xuejun, Secretary of the Party Committee and Chairman of Zibo Xintai Petrochemical Co., Ltd., delivered a passionate speech: “At that time, the company’s comprehensive revenue will exceed 100 billion yuan, industrial output value will exceed 70 billion yuan, and local financial contribution will exceed 1 billion yuan, achieving the goal of ‘rebuilding a new Xintai’
The green low-carbon olefin integration project of Shandong Ruilin Polymer Materials Co., Ltd., where this centralized commencement ceremony is held, is a project of Xintai Petrochemical Group that focuses on the C3, C4, C6, and C9 characteristic industrial chains, introduces international advanced technology, and plans to build 12 sets of new chemical materials and specialized chemical production units with a total investment of 16.9 billion yuan. It is also a project of Zibo that focuses on the “small oil head, large avatar, and high chemical tail” chemical industry structure, optimizing layout A benchmark project for improving energy levels.
The total investment of this project is 5.1 billion yuan, using internationally leading technology. The main products are phenol, acetone, and epoxy propane, with high added value and strong market competitiveness. After completion and operation by the end of 2024, it will drive revenue of 7.778 billion yuan and increase profits and taxes by 2.28 billion yuan. After the completion of all seven projects of Xintai Petrochemical Group, it can increase production value by 25.8 billion yuan and increase profits and taxes by 4 billion yuan, while effectively reducing carbon dioxide emissions by 600000 tons, in order to achieve green, low-carbon, and high-quality development Provide strong kinetic energy Introduction by Cui Xuejun.
The project is planned to be completed and put into operation in batches by the end of the 14th Five Year Plan period. It can add an annual industrial output value of 25.8 billion yuan and achieve profits and taxes of 4 billion yuan, further compensating for the shortcomings of the regional chemical industry and promoting enterprises to establish a characteristic industrial chain of “from crude oil refining to basic chemical raw materials, and then to high-end chemical new materials and specialized chemicals”.
On January 5th of this year, the signing ceremony of the design contract for the Zibo Ruilin Green Low Carbon Olefin Integration Project was held at Saiding Building. The construction site of this project is Linzi District, Zibo City, Shandong Province. After the project is put into operation, it can produce 350000 tons of phenol acetone and 240000 tons of bisphenol A. It will become a leading enterprise in the resource saving, environmentally friendly, and technological innovation petrochemical industry of Zibo Ruilin Chemical Construction, and contribute to regional economic and local social development.